During the first three months of 2004, JSC "Latvijas Unibanka" has made

a  profit  of  LVL  3.772  million,  which  is  by 36% more than in the

respective  period  a  year ago (LVL 2.228 million). Revenues from core

operations  have increased by 21%, compared to 2003, and are LVL 12.173

million. The bank has a target to increase its profits by 25% in 2004.



More  detailed  information about Unibanka performance during the first

three  months  of the year will be released on May 6, together with SEB

Group first quarter financial results.